On Tuesday, Greece did not pay its 1.5 bln euros debt to the International Monetary Fund (IMF) on time. Athens requested the organization to postpone the payment.

Earlier the IMF Chief Christine Lagarde said that if Greece did not pay off its debt that would mean its default on the IMF loans.

On July 5, Greece will hold on a referendum to decide whether to accept or reject a draft of the agreement proposed by the European Commission, the European Central Bank and the IMF at the Euro group meeting on June 25.